Logical to me

Reader comment on: Wall Street Journal Editor Backs Higher Taxes

Submitted by ben (United States), Jan 17, 2012 22:24

You can argue that the income tax should come down to 15%, or the capital gains tax should rise to 36% to match the top income tax bracket, but it is hard to argue that the income a hedge funder makes on his investments shouldn't be taxed as income. You take issue with the guy calling for higher taxes, but don't address why hedge fund capital gains for managers shouldn't be taxed as income. (I think perhaps you did in a previous post - and I am sure I disagreed with your logic)

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